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[ February 11, 2025 ] Trump Slaps 25 percent Tariffs on Steel and Aluminum Economic News
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UBS to the Rescue! Swiss Bank Saves Rival Credit Suisse in Multi-Billion Dollar Deal

March 20, 2023 TheCuriousEconomist Comments Off

UBS has agreed to buy its rival Credit Suisse for 3 billion Swiss francs ($3.2 billion) in a bid to save the troubled bank from financial collapse. This move comes as Swiss regulators and governments […]

Central Bank of Sri-Lanka raises the interest rate to curb inflation

March 7, 2022 TheCuriousEconomist Comments Off

As inflation spikes throughout the Sri-Lankan economy, the central bank has responded by increasing the interest rate from 5.5% to 6.5%. This tightening of monetary policy follows three consecutive months of double-digit inflation, with the […]